801 Cameron Drive
$825,000
3
2
1,850
1,850
$446
Description
This property has just completed a major overhaul renovation. It is like a brand new modern style luxury home now, "completely furnished" and ready to rent! The living space has increased from 1,100 sq ft to a total of 1,850 sq ft now. It has a total of 3 bedrooms, 4 beds and 2 bathrooms. The original garage has been transformed into a playroom. A new covered carport has been built. There is also a concrete shower stand, a hot tub on the lower deck and a BBQ grill on the upper deck. The entire house...This property has just completed a major overhaul renovation. It is like a brand new modern style luxury home now, "completely furnished" and ready to rent! The living space has increased from 1,100 sq ft to a total of 1,850 sq ft now. It has a total of 3 bedrooms, 4 beds and 2 bathrooms. The original garage has been transformed into a playroom. A new covered carport has been built. There is also a concrete shower stand, a hot tub on the lower deck and a BBQ grill on the upper deck. The entire house is permitted to sleep 9 people now. The main value of the house is in its golden location. It is within a stone throw from the fancy restaurants and popular bars, saloons, fast food outlets and shops on Village Dr and Pine Knot Avenue, i.e. the very heart of the Big Bear Village. It commands a very high rental rate from various short term rental sites. The arbitrage opportunity is that it needs to accumulate some rental income track records for the newly approved large 9-guest, 3-bedroom capability to obtain a good bank loan and to increase the sales price. It was not able to do that during the renovation construction period and the previous much limited capacity. So a good property manager or somebody who is already familiar with Airbnb rental management can simply increase the property value by putting in some adequate marketing efforts without even having to put in any more renovation investment money or buying furniture after the purchase.
- Listed by Ralph Liu • DRE #01342940 • Brokerage DRE #01523183 • InvestorsAlly Realty • 949-371-9139
Property Details for 801 Cameron Drive
View
City Lights
Parking Spaces Total1
Private PoolNo
Cooling TypeCentral Forced Air
Total Units1.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1850
LISTING UPDATED: 08/08/2024 03:46 PM
Property Details for 801 Cameron Drive
Status | Active |
---|---|
MLS # | NP24135433 |
Days on Market | 134 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1956 |
Lot Size | 0.13 AC / 5,810 SF |
County | San Bernardino County |
Building Information for 801 Cameron Drive
Stories2Year Built1956Building Size-Lot Size0.13 AC / 5,810 SF
Property Information for 801 Cameron Drive
Property History for 801 Cameron Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 801 Cameron Drive
Taxable ValueLand$104,040Additions$572,220Total$676,260
Tax Record2024$8,338 ($695 / month)
Home Facts
Beds3Total Finished SqFt1,850 SqFtAbove Grade Finished SqFt1,850 SqFtStories2Lot Size5,810 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1957CountySAN BERNARDINOAPN0308-182-01-0000Fireplace TypeHas Fireplace
Schools near 801 Cameron Drive
This home is within Bear Valley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Fallsvale Elementary School PublicK to 8 | ||
Big Bear Middle School Public6 to 8 | ||
Big Bear High School Public9 to 12 | ||
Chautauqua High (Continuation) School Public8 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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